CPO Rising 2014: Convergence


REPORT AUTHOR: Andrew Bartolini, Chief Research Officer

This decade, business has been gripped by a convergence fever, combining more business units, organizations, and products in response to increasing competition and the market demand for new, more differentiated, and innovative products and services. Within the enterprise, business processes and functions are converging around value and shared interests just as some business partners are along supply chain lines. One example of this corporate convergence is the Chief Procurement Officer (CPO), a role that many executives now view as they may a smart phone or Swiss army knife: a multi-functional device (or leader) that can adeptly support many key activities. Business leader, sourcing expert, trusted advisor, relationship manager, supply manager, cash manager, risk manager, and many other roles are converging under the leadership of the CPO.

This four chapter, twenty-nine page report presents a comprehensive, industry-wide view into what is happening in the world of procurement and captures the experience, performance, perspective, and intentions of 273 Chief Procurement Officers and other procurement executives. The report also includes benchmarks, analysis, and recommendations that procurement leaders can use to better understand the "state of procurement" today, gain insight into best practices, benchmark their performance against the Best-in-Class, and ultimately improve their operations and performance.

Purchase the definitive report on the state of procurement in 2014 today.

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